I did a big mistake. I got my PF amount from previous company and instead of saving it as FD I bought 95 grams gold. Day by day gold rate going down. I am at big loss. But I will not use that gold now. Will there be rise in gold price again?
dont worry..u have made a wise investment...its all because of the gobal market fluctuation the rate is coming down...it will pick up ....
What are you talking about? Are you sure? What is the current price? I remember few yrs back it was 5k for 10 grams, then last week I check it was 25K correct? What is the current price for 1 tola ( 10 grams) ?
If the gold was bought for personal use, do not keep checking the rates. if it was bought as investment in physical form you should be a long term investor.
ILs have any idea, about Gold rate will come down, today's rate is rs.2468 per gram. i saw newschannel, it was come down per gram rs.2200/- is it true?
no sabitha today's rate is 2468 only . and there will not be any change of rate until monday morning, based on the market opening.maybe they were discussing how it will open on monday.. but this will stabilise at a point. 2200 is tempting though..
wishes are horses. . i would even think of 1800 but again i don't think it will happen.because next month akshaya thrithai, the wedding season starts and there will be stability because of the demand in the retail market.
wel gold will certainly go in the long term, do not use all your savings to buy gold, buy debt, equity, property and invest in all assets